About your Search

20130318
20130326
STATION
CSPAN 6
CSPAN2 5
MSNBCW 4
FBC 2
KGO (ABC) 2
KNTV (NBC) 2
KOFY 2
CNNW 1
LANGUAGE
English 38
Search Results 0 to 37 of about 38 (some duplicates have been removed)
and corporations. yet my friends on the other side my friends continue pushing this approach in the name of deficit reduction, but their own leadership admitted we don't have a debt crisis in the country. the architect, congressman paul ryan, said we don't have a debt crisis. speaker boehner said it's not an immediate problem. why should we enact this budget while democrats have a balanced approach to protect the middle class. why should we pass a budget that gets 66% of its cuts from programs for people of low or moderate income. why should we pass a budget that cuts pell grants that helps students or cuts the snap program that helps to feed 48 million people to give a $200,000 tax cut to millionaires? the budget put forward by the congressional black caucus continues the snap program to prevent americans from going hungry. while at the same time, reducing the deficit by $2.8 trillion over 10 years. the american people know we can't cut our way to prosperity, nor can we succeed by pursuing the same failed policies that undermine our economic recovery. the congressional black caucus budget offers a
. this is something that every family in america is asking us to focus on. number two, we need to tackle our deficit and debt fairly and responsibly. as democrats, we understand that is a responsibility that we bear today and we do it in this budget. and number three, we need to keep the promises we made as a nation to our seniors and our families and our communities. many who have struggled so much over the last few years and are counting on us to be there for them again now. mr. president, we'll be hearing a lot more about all these principles today and we're going to discuss the stark contrast between the budget that is expected to move in the house of representatives today and the plan and path forward that we have put forward here in the senate as democrats. mr. president, i will yield to senator sessions for his opening remarks, and we will continue this debate throughout the day. mr. sessions: mr. president? the presiding officer: the senator from alabama. mr. sessions: i thank the chair and would express my appreciation to senator murray for her leadership and who are courtesy and her skill
to work, taking a shared responsibility approach to our long-term deficits so we bring them down in a balanced smart way and they rejected the idea that we're going to move the economy forward by giving windfall tax cuts to the very wealthiest in the country and the benefits of that would trickle down and lift everybody up. they rejected that lopsided approach that balance the budgets on the backs of everybody but the folks at the very top. balance the budget on the backs of our kids' education by slashing important investments. in that category of spending we make these important investments for our country and our future, they double the cut from the sequester. so those are our investments in our kids' education. those are our investments in science and research to help power our economy. those are our investments to help modernize our infrastructure. they cut transportation by 15% when we have 15% unemployment in the construction industry. so mr. chairman, the american people rejected the kind of uncompromising lopsided approach that we see once again presented here in the hou
budget. they now claim their budget would eliminate the deficit in 2023. and house budget committee chairman paul ryan has even said that it doesn't really matter how their budget eliminates the deficit. mr. president, americans across our country who will feel the impact of the choices we make in the coming weeks and months feel that it does matter. so while some of my republican colleagues would probably prefer not to hear about it, i think that the impact of the house republican budget is a crucial part of this debate, and we owe it to the american people to put our opinions on the record. now we've come a long way, mr. president, but there are still far too many americans today who are unemployed or underemployed, which is why our senate budget's first priority is boosting our economic recovery. speaker boehner has actually agreed with president obama that our debt does not present -- quote -- "an immediate crisis." so you might think the house budget would phase in cuts responsibly so we can protect our fragile recovery. well, instead the house republican budget would do seriou
deficits with no end in sight doesn't lead to prosperity, doesn't lead to growth. it leads to financial ruin. i'm also the father of four great kids, two in college and two in high school. they know that as a family they have to plan ahead for the future. we need to create a budget and then live within our means. these are the same principles that my parents past down to me. -- passed down to me. these are the values that montana's families live by each and every day. those values are exemplified in montana's own state legislature. we're the only constitutionally -- where the only constitutionally required duletty is passing a budget. in -- duty is passing a budget. in fact, when they adjourn in a little over a montana, they will have given montana a balanced budget, just like they did last year and the year before and the year before that. it seems simple -- live within your means, spend no more than you take in, but it's not so easy here in washington. right now we are presented with two very different visions for our country, two visions that will lead to two very different outcomes
deficit by almost $6 trillion in 10 years. reduce ay budget would little under $2 trillion in 10 years. >> what other groups are offering their own budget plan docks water they likely to focus on? >> -- who will be issuing their own budget plans? budget will be similar to patty murray's budget in the senate. increases,ave tax but neither would balance the budget in 10 years. also the congressional black caucus and the congressional progressive caucus will be introducing budget. it's possible a ryan version could be introduced in the senate. >> what is likely to happen in the senate this week? >> it will be democrats making the case for the patty murray budget. convince someto democratic senators who may not support that budget. they will have to sell it to democratic senators as well as republicans. no republicans are likely to vote for the budget. they will be calling for more spending cuts, no tax increases, balancing the budget sooner. >> republicans say this to be the first time in four years they have agreed to put forward a plan. why is this your difference? are a number of diffe
through a state where wisconsin had faced a multibillion dollar budget deficit, we were having double-digit tax increases, and we saw some of the record job loss that we've seen in the past. so what did we do? we came in and took that deficit, $3.6 billion, and today it's nearly half a billion dollar surplus. we took up -- [applause] we took a state where taxes had gone up, and we not only lowered the overall tax burden for the first time in years, property taxes on a median value home had gone town in each of the last two years. [applause] and when it comes, and when it comes to jobs under my predecessor's term, wisconsin had lost 133,000 jobs, and back in 2010 a survey showed just 10% of our employers thought we were headed in the right direction. today we're gaining jobs and 93% of our employers say wisconsin is heading in the right direction. we can lead with an optimistic message. [applause] simply put, we showed in our election that when people realized the debate was between who do you want in charge, the big government special interests n this case the employee unions, or do y
and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillionew a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten-year period. here is the big issue though, i want to see obamacare repealed, but it's not going to happen through paul ryan's budget plan. the republicans, if they want that to happen, to get ryan's plan through, they're going to have to during one of the c
are possible in the afternoon. we need the rain. we are nearly 4" in the deficit to 6.5" in a deficit. periods of light rain in the north bay tonight. most of us get our rain tomorrow morning. kristen? cheryl? >> thank you very much. in san francisco, the bart station at powell street is opened against after bart service was stopped. sky 7 was over the scene. the object was found at market street before 7:30 this morning. fortunately it was harmless and police cleared the scene after 8:00. >> there has been another set back for both world renowned chez panisse after a fire two weeks ago. we are learning the damage is much more extensive than originally thought. the owner and chef alice waters say it damned the downstair and upstairs porches. she says that the repair work will be more significant project since both areas will need to be demolished. she hoped to re-open the restaurant in mid-april but that is unlikely to happen now. >> relatives of a san jose man shot to death by police are outraged this morning. the officers say the man in a stolen car tried to run down an officer last night an
, and the senate thinks shouldsome revenue should be idea to tackle the deficit and invest in the middle class, not just simply cut tax rates for the rich. >> usually you can tax more and spend more and borrow more and that will somehow create growth and prosperity. i believe we have had four years of that experiment, which i fundamentally doubted and opposed from the beginning. and it hasn't worked. >> shepard: regardless of whether it's worked or hasn't, the insiders say the democratic budget will likely pass. mike emanuel is in washington. how has the vote been going and what's it like in there so far? reporter: we expect starting any moment they'll vote on a series of amendments between now and late night tonight. 25 to 40. summon hot-button issues including abortion, school choice, and bailouts. there are also arguments on budgetary matters. >> anyone wants to be taxed more than is necessary on either side of the aisle, but this enormous, enormous hubbub from the other side that says it's got a spending problem but refuses to look at the other side of the balance sheet, as a business guy,
the deficit by meaning don't raise revenue are not serious about cutting the deficit. >> neil: even though we've raised revenue, bottom line. >> we should be willing to close tax loopholes if we didn't have a deficit, if we didn't have debt. it's the right thing to do. >> neil: we raised taxes. >> i didn't say raise taxes, i said close loopholes. republicans call closing loopholes raising taxes because it's the rich that have unfair practice. >> neil: have you filled out your brackets? yes or no. have you filled out your brackets? >> no, i haven't done that. i'm going to leave that to the president. he may be late on that too. >> neil: i'm sorry. thank you very much. >> thank you, neil. >> neil: do you remember this? an interview i said senator paul and senator cruz were whacko birds. that's inappropriate and i apologize to them for saying that. >> neil: after that, senator cruz accepted that apology. is senator rand paul about to do the same? and as nevada mourns the death of seven marines, did their senator blame the sequester? meet the military commander telling harry to say i'm sorry. [ m
trillion in debt. we have deficits we can't even wrap our arms around, and they want more of your money. if you were a financial advisor that put you $1 million in debt and ripped through your college savings for your children and all of your checking account and said, just give me more money and we'll solve the problem, would you do it? absolutely not. more than jobs, though, we are also working to save medicare and social security, the commitments that we have made to the american people. so let's take a look here at the big picture. here's a budget breakdown of where we are at right now. look, your eyes are glazed over and we start talking about the trillions of dollars that we spend, but let's take a look at what you pay versus what you expect. this big blue part right here? that's on auto pilot. no adults have come to the table to talk about where we are at today and how to actually save your social security and medicare and medicaid in this big blue part. we are doing that today. house republicans in balancing the budget. but this is what you expect from the federal government. yo
. >> let me quote dick cheney, who said ronald reagan taught us that deficits do not matter. dick cheney was wrong. he was wrong then and now. of course deficits matter, but any one of you who supported the bush plans has no right to speak. i helped bill clinton balance the budget and build a surplus. why? because we had good economic times. in good economic times, you pay down the deficit, but reagan and bush did not, and in bad you have to stimulate in the near term, as thank god president obama is doing. we democrats will balance the budget once again. >> paul, which is more important to america's pursuit of happiness -- which is more dangerous, excuse me, than a 357 magnum -- >> in my home you would find 17 guns and no cans of soda pop. i have the right wing position on the giant drink soda thing. i do not like the idea, and i think bloomberg is a fine man, but i do not like government telling us what size to buy today. this one, i am with tucker and most of you. i have the right wing position on gun safety. i have the same position as ronald reagan, who was for a waiting period befo
, the average 8.35. that now puts us in a deficit for the calendar year at 6.88. so one of the driest calendar years on record in the bay area. let's get you outside to the live sky network. many of you will get less in san jose, a few raindrops will help the allergies and air quality. foster city, you can see pointed toward the coastline some of those shower cells we tracked offshore. that will eventually move in for you. and in san francisco we've had a little bit of drizzle off and on at the immediate coastline. eventually, yes, we'll get that rainfall here as well. let's get a look at tpattern. this area of low circulation is out in the pacific, associated cold front. the main thing driving all of this moisture right now is this subtropical push of moisture. this would normally produce 1 to 3 inches of rainfall, but it's lacking some of the upper level dynamics we mentioned yesterday so, yes, we're going to have a decent round of some rain, but it's not going to be the strongest storm of 2013. throughout the night, we'll get showers we tracked offshore moving across the bay area. by 11:00
. it never balances. never comes close to balancing. it claims that it reduces the deficit over 10 years by $1.5 trillion. that is not correct. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene music ] [ sigh of relief ] [ male announcer ] choose taste. choose prego. bill: there's a top republican senator now demanding answers from the fbi director after not being briefed on their benghazi investigation for the last six months. four americans died in the assault on the u.s. consulate including our ambassador chris stevens. senator susan collins says she wants some simple questions answered. quote, are any of the suspects believed to be responsible for the deaths of these four americans including ambassador stevens in u.s. or libyan custody? how many suspects in the attacks are still at large? a few other questions after that. virginia republican congressman frank wolf has been fighting for answers in benghazi. he is our guest now. sir, good morning,
overcame a 27-point deficit. and heat streaked by the cavs. in that process, notching the 24th straight win in their belt. >>> in the first-round of the ncaa tournament number 2, 16 seed and james madison university won to advance to the second round which starts tomorrow with 16 games. they will play top seed indiana friday. good luck in that. >>> then to number 13 seeds lasalle defeated boise state. they advance to the second round to face kansas state. >>> president obama, by the way, he filled out his ncaa brackets. and he predicted that number one louisville will make it to final four. he also chose ohio state, florida and indiana to win it all. >>> nfl chicago bears could not agree on a new contract for eight time pro bowl linebacker brian urlacher so he becomes a free agent after 13 years. and ed reed left the super bowl champ baltimore ravens after 11 seasons and signed with the houston texans. >>> tiger woods says he and lindsay vonn went public about their relationship so the paparazzi couldn't make as much money from pictures they took of the couple. >> it's real simple. we're ha
, immigration and guns and what to do about the deficit. >> don't forget two other prominent spokes people, the president and vice president. they care a lot about it and have been quiet of late. i expect to see a big push between of two of them before the vote. >> the lack of courage in the united states is asstountounast. >> it's amazing. >> no one is coming to take your gun. no one is coming to take your gun. >> it's amazing. it's amazing. when you look at the fact that we are talking about a simple thing like background checks. people are dying every day. a baby killed in -- >> in pennsylvania. >> in brunswick, georgia. we are arguing about background checks is almost ununbelievable. surreal. >> background checks have 90% of support among the american people last check. >>> senator bob casey of pennsylvania will join us on the set coming up and leigh gallagher and representative rick mulvaney will weigh in. our good friend michael hainey will have a preview of the "gq" magazine. bill karins, what is up? >> schoolhouse are cancelled around baltimore and washington, d.c. a lot of delays.
, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipartisan group. we couple it with targeted cuts and reforms over a period of time. and if you actually look at the totality of the budget changes we made over the last couple of years, including the $1.5 trillion, we have a higher ratio of cuts to revenue. considering all the revenue than sim spso simpson-bowles did. a
already huge amounts of money and deficit reduction. it's just not appropriate, mr. president. that our military can't train and do the maintenance necessary. these men and women our marines were training there in hawthorne and with the sequester it's going to cut the stuff back. >> can i tell you marine corps officials this afternoon are taking a strong exception to what harry reid implied, saying that this exercise, for example, was planned well in advance had nothing to do with the bucket -- budget cuts, there were no corners cut. >> bill: this is what i object to. reid is exploiting the death of these marines who were just out in nevada because that terrain is similar to afghanistan. they had a mortar. the mortar malfunctioned and blew up. it had nothing to do with the sequester. he exploits this for political gain. that's just awful, is it not. >> let me say one thing. harry has a unique ability to use wrong words at the wrong time. however in his defense he he never ever associated the two of those together. >> bill: wait, we just heard him do that. he said the sequester and this
. >> unfortunately not enough to make a huge dent in our deficit but check out what we are seeing it is much needed moisture. the rainfall is widespread but now becoming more scattered in nature. we're still seeing some returns, light showers down to novato, lucas valley, san rafael and other parts of the bay area. san francisco, we are seeing a few showers heading down to south san francisco and bayshore boulevard. mission street, around linda mar boulevard and light returns. east bay, more widespread in the east bay, livermore, 580, san ramon valley, walnut creek, concord we're seeing showers around coweml road. south bay, showers are really starting to let up. spotty returns around sunnyvale and cupertino. i'll be back to let you know how much rain we'll receive and how long you'll need the umbrellas. >> dan: nice to get a little rain. >>> move next to the tragedy in the nevada desert and the death of seven marines when a small mortar they were using exploded. a vigil was held tonight. [ "taps" playing ] >> dan: this took place at utah shorn army depot in nevada. abc news reporter has found out
are more than 3" in a deficit including san francisco, and livermore, and 6.5" in santa rosa. we will not make that up but we have a little bit in the way of rain coming our way. we will look down and you can see the temperatures are close to where they were yesterday, but the only cool spot is santa rosa and that is the best area to see measurable rain during the afternoon and into the evening hours. as we head tomorrow, we will have rain and then scattered showers and look at spring warmth for thursday and friday. >> good morning, the three worst commutes are jammed. westbound 80 at carlson, no, excuse me, a sig-alert at westbound four in the pittsburg area, three left lanes with multi-cars and a big rig and it is jammed. we have westbound 80 at carlson which is cleared but slow back to hilltop and richmond parkway is a good alternate and in livermore, look at your drive times if you are headed out, westbound 580 under an hour and westbound 4, 71 minutes to concord and over an hour from highway four to the macarthur maze. a rough one out this. >> the alameda food bank is warnin
you think the war is to blame for the deficits we see these days? >> no. it's really not. if you look at where defense spending is today either as a percentage of the economy or budget, it's below post-war norms. under the president's budget it will fall more rapidly. the main cause that we saw today of the explosive growth in spending over ten years, president obama made that worse although the republicans in congress ten years ago didn't cover themselves and the changing face of america. we have many more now supported by workers for the retirement programs and a noble important purpose. they need to be preserved for the next generation. >> you are a proud veteran and something i find to be interesting to some degree of polling is the lack of availability for benefits for those who have served so nobly and come home. i want to put up the stats for you. veterans affairs data. 600,000 veterans have benefits and 245,000 have benefitings back lock logged aier or more. the average is 273 days. the first time claimants from iraq and afghanistan, the average wait is 316 days. how come if y
more than 50 elementary schools, trim $400 million budget deficit believed to be the largest ever in one place at one time in the country. the head of the chicago public schools says that the district must consolidate to get students into higher-performing schools. >> if your cup of coffee is not doing the job, now you have a way to get a super pick me up. a company is coming out with a product that contains twice the caffeine you find in a normal cup. the makers say that a blended bean from indonesia, ethiopia, and south america to brew their neck snapping cup of joe. those are their words, and it is selling on amazon for $20 a bag. "good morning america" will have more on "death wish" at 7:00. that is the name of the coffee. >> okay, is your insurance paid up? >> drink this, sign this. >> okay, we will check with meteorologist, mike nicco, and the bay area forecast. >> temperatures will rebound and we will climb if tomorrow and through the weekend we have a lot of spring warmth. it looks like we are going to have a lot pollen out this, also the rain we had yesterday and the suns
? >> sure, i do. one problem with the baseline is it brings the deficit later on of the we looked at the budget and realized we could probably balance in five years. the problem is with the way the numbers work is it brings you back out of balance soon thereafter. what we wanted to do is have a credible plan that got us to balancing, got us into surplus. that's what our budget does. there is something unique in the baseline where deficits go down to the mid part of the next ten years and then go right back up. what we want to do is get them on a downward path and keep them down. we not only balance the budget, we go into surpluses and pay off the debt. >> brian: here is chris van hollen. he seems to disagree with everything you say. here is an example. >> i'm used to that. >> let me focus first on what our budget focuses on, which is not just economic growth in jobs in the future, but jobs in economic growth now and in the future. this republican budget is not balanced in ten years. >> brian: is he right? is it not in balance? >> no, it does balance in ten years. they're throwing
saying we want a lot more spending, most of it paid for by deficit this year and next. we'll see a lot of defectses from the democrat budget resolution. we saw a vote yesterday in the senate which was, you talked with stuart varney about. repealing the medical device tax. we're likely to see a lot of defects from the white house and the democratic leadership proposal to have a lot more spending in year and coming years. we saw the opening mark of that yesterday. bill: peter cottontail still on the schedule for the 1st of april. we'll bring you back and we'll continue this little discussion about what's right and what's not given the budget crunch. >> bring back the white house tours. bring back the white house tours. bring back the white house tours. there we go. bill: enjoy austin. see you soon. heather. heather: the clock is ticking as the country is on a verge of collapse. can a deal be reached before there is a i had on people's bank accounts and is this something we could see happen to your bank account? bill: also a scared homeowner, well, you won't believe what they did when a h
-term budget deficit and the house is poised to take up congressman paul ryan's budget tomorrow. joining me right now republican congresswoman marsha blackburn of tennessee. i want to start by showing everybody the new poll numbers. both sides have taken a hit when it comes to the budget hit. 67% disapprove of the way the president has dealt with the budget. 79% disapprove of the republicans on this. people at home think it's just absolutely ridiculous. will those numbers push both sides to find a compromise before it's too late, before the numbers continue to go down any further? >> you. thomas, i think you're right. they do want to see a resolution to this and what they're wanting to see a resolution to first is the out of control spending. get this out of control spending under control. and that's what we hear from both sides of the aisle, from our constituents, regardless of whether they're democrat, independent, republican, libertarian, you name it. they say, washington spends too much. you don't have a revenue problem. you have a spending problem. get it all under control. that is wha
step in the right direction. according to the weekly standard after running deficits 350,000 a year for years. the senate hair care center is and according to the sergeant at arms who is responsible for trying out the new model, government subsidized haircuts shaves and shine will be a thing of the past and you the taxpayer will no longer foot the bill for the grooming of your senators. the american taxpayers have forked over 5.25 million dollars for, yes, senate hair care. pretty unbelievable, or maybe not. because we do know how important the perfect haircut is well, to certain senators. remember john edwards? remember this? ♪ i feel pretty, oh so pretty ♪ ♪ i feel pretty and witty and bright ♪ ♪ >> oh, what a classic. that's all the time we have left this evening. as always, thank you for being with us. let not your heart be troubled, the news continues. greta is next and see you back here tomorrow night. greta, take it away. >> greta: this is a fox news alert. an 8th marine has died after a mortar shell explosion during a training accident in nevada. several marines w
.6 trillion annual budget, he can manage a $16 trillion deficit, but somehow he can't figure out how to keep tours open for the american people? he can't even figure that out? how is he supposed to figure out all those other heady things bob is talking about the real serious decisions which he can't control that he does control which is the white house. bill: talk about the job loss. that eventually will come. bob, if you were working in the white house would you have closed off the tours? i mean is that the decision you would have reached for? >> i would have canceled toilet paper order first. the reality is, but, look, you know, when brad talks about this, there are now boats in newport news, virginia, in for retrofitting have been stopped, the work on them. there are airports that are in fact airports closed down, small ones around the country. there have been furloughs done at the border. there are a lot of things going on here that should not be looked at. bill: it will not look good if you have 35,000,000 members of congress and their family members on the south lawn -- >> i'm not argu
-term debt and recovered the budget deficit. detroit is the largest u.s. city ever put under state control. those are your headlines. i am lauren reed. back to connell. connell: a move lower in stocks. we have noticed some of the french banks. they are all down. dagen: a snowstorm that dumped as much as 2 feet in the northwest. connell: i would rather be over in cyprus. >> good morning. we are tracking it again. parts of illinois being hit with as much as 15 inches of snow. it is as far west as parts of indiana. the highest snowfall totals should be a foot of snow. we do have winter storm warnings in effect. it is because of the wind and snowfall amounts. we actually have been seeing some delays. they are about an hour or so. you could see four-6 inches of snow out here. the central appellations and most of these warnings should expire by tomorrow. that is what we think the storm system will pull out of the northeast leaving behind some quieter conditions. connell: that sounds, well, all right. dagen: tom kloza is coming up with a big addiction on gasoline prices. he says you will save mon
that deficit with the daily impact. you kind of hurt that a little bit and what the president living in that abc news interview as well. is that a new track for the democrats. >> first, they went too far with the fears of armageddon. the democrats overplayed their hand. on the other hand, it is the case that the ordinary american is in having a better life in their parents. they are worried about reform plans. they are uncertain and they are nervous. dagen: $17 trillion debt, the average american is not having the impact on the lives. >> i am disagreeing. the democrats overplayed their hand with fear. we have tepid economic growth. we are not seeing the revitalization of the economy on main street. connell: regular people -- >> so-called great rotation into stocks from bonds has not really happened to the degree people expected. a lot of ordinary people who were heavily invested in mutual funds have not come back. connell: doug, thank you. dagen: watch out for rising interest rates. that will be pain that everybody feels. speaking of rising interest rates and the housing market and h
the rate. we say, let's take some of that revenue to help reduce the deficit, combined with other targeted cuts. >> be more specific for me. when you talk about tax loopholes and the very wealthy. which specific loopholes and what is very wealthy? >> sure, sure, these are, when you're in the highest tax bracket, you're in the 39% tax bracket when you get a deduction, whatever it may be for, you get 39 cents worth of deduction. whereas somebody who is in the 28% tax bracket only gets 28 cents deduction for that particular deduction. so what we're saying and this is similar to a proposal the president's put forward, is that for folks who are in that very high bracket, the 39% bracket, the value of your deductions will be limited to about 28% which is what the value of deductions is for a middle income taxpayer. >> so ultimately, the budget that you have there and i just read the little chunk of it, you have more revenue increases than cuts, right? >> within, within this particular budget, but if you look, soledad, at the two-year period of reduction we've been engaged in, which is -- include
. here is the next question. is reducing the federal deficit a worthy goal in and of itself? and 85% say yes. 11% say no. it's not just john boehner who said it's not an immediate problem. paul ryan, the face of fiscal responsibility himself this past weekend on one of the sunday shows said not an immediate problem. so americans have gotten the message that it is a problem and that we should be tackling it right now, even though our lawmakers feel it can be down the road a year, five years, whatever we tackle it. >> brian: our next guest has nothing to at to this subject. so i'll move on. >> steve: he does. he's going to -- >> brian: he's coming out of his chair. solar companies were supposed to boost our economy. now evidence they might be tanking our economy. you remember solyndra that cost american taxpayers more than $500 million. turns out it may have a successor. >> steve: months after opening, the oregon based solar panel company, solo power, is facing layoffs, putting 250 million of our taxpayer dollars in jeopardy. apparently stuart varney, we learned nothing from solyndra. >> n
of the well. mrs. shaheen: amendment 438 would establish a deficit neutral reserve fund fupped to protect women's access to health care, including family planning and birth control. it ensures employers cannot deny coverage of contraceptives. we've seen that improving access to preventive care including con troo tra ception is good health -- contraception is good health policy and good economic policy. healthier women and healthier children and healthier families. i urge my colleagues to support the amendment. the presiding officer: the senator is recognized. a senator: every senator supports expanding access to health care. we may have differences on how to it but no one should doubt that commitment. however, we must also ensure we protect deeply held religious beliefs of our citizens. in this regard, the shaheen amendment and the new health care law gets it all wrong. mr. johanns: in addition to growing government and slowing the economy, the law tramples on the rights of individuals. later this afternoon senator fischer will offer a side-by-side to this amendment. now i ask my colleagu
that it is the entitlement program -- social security and medicare, the primary drivers of our debt and deficit. this is a simple amendment. it says it establishes a budget point of order that any budget resolution that is brought forward that does not count or does not prepare a 75 year solvency for social security and medicare would be out of order. in the next 20 years we'll be paying out $5.1 trillion in benefits in excess of what we are bringing in in terms of dedicated revenue to the payroll tax. the unfunded liability of social security is $20.5 trillion. for medicare the unfunded liability is $42.8 trillion. these programs must be reformed so they are saved for future generations. again, i would hope everybody would support -- the presiding officer: the senator's time has expired. mr. johnson: -- any budget that does not have 57 year solvency. the presiding officer: the senator from washington. mrs. murray: social security and medicaid played a critical role in providing a foundation of financial security and health care for hundreds of millions of americans over the decades. democrats
Search Results 0 to 37 of about 38 (some duplicates have been removed)